News
BoE mulls post-QE balance sheet policy
Central bank is “minded” to retain its floor system for setting rates, but demand for reserves is an unknown quantity
Bank of Israel begins push for open banking
Regulation of APIs designed as part of several measures to promote banking sector competition
Central bank deputy arrested as Iran grapples with forex crisis
Vice governor in charge of forex has been “arrested and sent to jail”, state media reports
Zimbabwean economy faces uncertainty after controversial election result
Violence and accusations of unfairness around the presidential election have dampened hopes of economic recovery
CNB hikes in bid to tame inflation
Strong growth is boosting salaries and consumption in the Czech Republic
Indonesia launches new overnight benchmark rate
New rate replaces the quotation-based model with one based on transactions
Bank of England forms new enforcement committee
Six-member committee will rule on contested enforcement cases
BoE lifts rates despite signs of a global weakening
MPC votes unanimously to raise rates to 0.75%
Fed keeps rates unchanged but points to strong economic activity
FOMC says it expects to implement gradual increases in federal funds rate
Ghanaian governor accuses failed banks of malpractice
Ernest Addison says some banks used “pretence” and shareholders took large sums
Irish central bank warns economy may be overheating
CBI develops new indicator for domestic economic activity
Stricter forex regulations in Central Africa needed to shore up reserves – IMF
Central bank must be ready to tighten monetary policy should reserves remain below target
RBI makes fresh rate hike as inflation pressure persists
Central bank faces rising food and oil prices, while growth remains rapid
People: Bank of Spain governor nominates new deputy
Governor nominates first female candidate to deputy role; central banks in Colombia and Seychelles get new board members; IMF appoints new legal head
Shock end to euro floor avoided ‘enormous’ speculative attack, says SNB’s Jordan
Swiss central bank chairman believes sudden removal of forex controls was least bad policy option and limited reputational damage
Malaysia appoints new SWF board after mass resignation
Mahathir puts BNM ex-deputy on Khazanah’s board as fallout from 1MDB continues
NZ parliament formally launches central bank review bill
The bill is now at the select committee stage, which usually takes around six months
BoJ unveils more flexible monetary policy framework
No rate change until at least 2019, the BoJ says in new forward guidance
SNB chairman dismisses calls for revised inflation targets
Jordan says raising targets would 'harm credibility' built up over decades; sees room for more negative rates
IMF calls for Guinea central bank to cut government financing
Central bank must build up currency reserves and follow rule-based intervention strategy
South African governor warns against nationalisation
Call comes as Sarb’s senior lawyer accuses government ombudsman of lying under oath
Swedish growth surprise could herald Riksbank hike
Swedish economy expanded above forecasts, boosted by consumption, inventories and exports
Venezuela will give oil reserves to central bank and slash zeroes from currency
Central bank will have control of basin with 29 billion barrels of oil, president says
IMF warns of global risks from US fiscal expansion
Faster policy tightening by Fed could harm emerging economies, Obstfeld says